Global Electricity Review 2025
<p>In a world of higher electricity demand growth, clean electricity is stepping up to the challenge. Spearheaded by exponential solar expansion, clean power is set to grow faster than demand, marking
Fossil Fuels
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New Generation Biofuels Seen in 2010 at Earliest
The first biofuels produced using new generations of biomass raw materials could be available in commercial volumes from 2010 at the earliest, German junior Environment Michael Mueller said on Monday. But the exact time scale was still unclear, Mueller said at the European Biomass conference in Hamburg.
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China Offers Big Solar Subsidy
China has launched an unprecedented plan to offer hefty subsidies to independent solar power projects, a move that sparked a rally in the sector on Tuesday. Shares of Suntech Power Holdings Co Ltd soared 9 percent, Yingli Green Energy Holding Co Ltd climbed 10 percent, Trina Solar Ltd rose nearly 9 percent and JA Solar Holdings Co Ltd was trading nearly 8 percent higher.
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Offshore wind could be next wave for United States
The Cape Cod resort area, famous for sandy beaches and centuries-old fishing villages, could in the next few years claim a new title of home to the United States' first offshore wind farm.
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Phasing out conventional power by 2037
A new study by the Energy Watch Group has predicted complete phasing out of conventional power within the first half of the 21st century. Titled, 'Wind Power in Context: A Clean Revolution in the Energy Sector', the report predicts that global non-renewable power generation would 'peak' in 2018 and could be phased out completely by 2037!
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LDK To Develop Solar Projects In China
Solar company LDK Solar Co Ltd said on Tuesday it is partnering with the Chinese city of Yancheng to build up to 500 megawatts of photovoltaic solar power projects over the next five years, sending its shares up 6.2 percent in extended trading.
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Canadian Solar To Build 500 MW Project In China
Chinese solar-cell maker Canadian Solar Inc said on Wednesday it obtained development rights for a 500 megawatt (MW) solar power plant system in China. The news makes Canadian Solar the latest Chinese solar manufacturer to unveil plans for a large solar power project in China since the country last month launched a long-awaited plan to offer subsidies for the industry.
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Clean Energy Brazil Sells Sugar Mill Stake At A Loss
Biofuels investor Clean Energy Brazil has sold its stake in a Brazilian sugar mill for much less than its initial investment after the plant's debt pile proved too much of a burden in a tough ethanol market.
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Energy Company Calls Halt to Drilling Project
A $17 million energy project in California that was supposed to demonstrate the feasibility of extracting vast amounts of heat from the earth
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Key world energy statistics 2009
The IEA, which was established in November 1974, has over the years gained recognition as one of the world
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White House, Oil, Gas Industry Spar Over Taxes
A top Obama Administration official said the U.S. oil and gas industry will survive a proposed repeal of billions of dollars tax preferences and there will be an insignificant impact on worldwide prices.